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Old 11-05-2009, 04:20 AM   #51
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Default Re: Why Is No One Bidding On My $450 Per Month Site On Flippa

Its weird, I saw on time a business that made 10 grand a month sold for ten grand.

I think the buyer definitely one in that case!

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Old 11-05-2009, 04:47 AM   #52
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Default Re: Why Is No One Bidding On My $450 Per Month Site On Flippa

nice site design and work mate

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Old 11-05-2009, 04:50 AM   #53
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Default Re: Why Is No One Bidding On My $450 Per Month Site On Flippa

The bidding is up to $600 with 2 days and 2 hours to go, so advertising that site at Warriors paid off, alongside any help and advice taken for your sales copy

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Old 11-05-2009, 04:51 AM   #54
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Default Re: Why Is No One Bidding On My $450 Per Month Site On Flippa

I've bought a couple of sites on flippa - and don't think this one will sell for anything like the BIN price.

In my experience, sites on there with 2 - 3 years of consistent profits, fail to attract much more than 10 x monthly profits as a selling price.

I think it will go (or not go) for something like $800-$1,000.
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Old 11-05-2009, 04:57 AM   #55
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Default Re: Why Is No One Bidding On My $450 Per Month Site On Flippa

Yeah the market is much different from a few years ago ... I bough the free web hosting company Spacetowns.com back in the day (2002) for $4k-6k from ebay... can't remember the exact amount, that had traffic but no revenue streams. Scrapped the project not long after because of a complete hash up by the owner's transfer of the site & content to my servers :/

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Old 11-05-2009, 05:01 AM   #56
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Default Re: Why Is No One Bidding On My $450 Per Month Site On Flippa

How on earth could they not be bidding up to 1k for this site ?
If the content really is unique, that's what the site is worth at least

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Old 11-05-2009, 11:35 AM   #57
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Default Re: Why Is No One Bidding On My $450 Per Month Site On Flippa

Thanks to everyone. I am hoping the bids will start coming soon. To those who think I am trying to advertise here, I am not in anyway trying to do that. I only started this thread because I am frustrated.

I have done everything including move away from Nigeria due to power problems and the issues associated with Nigeria that you and I know but it is over 1 year I have been online now and I still yet to be able to be making $1k per month consistently which is not because I am trying. I honestly think I am doing all I can to succeed but God knows better.

To worsen the situation. Click bank is not sending my checks. I have close to $2k in the account but only $946 have been sent since I have been online which is not helping. I have emailed them but they can't seem to see what is going on.

So please note, I am not trying to advertise here for free. I know the consquences of doing that and I will not be stupid to ruin the already fragile reputation I have ( due to being a Nigerian).

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Old 11-05-2009, 11:56 AM   #58
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Default Re: Why Is No One Bidding On My $450 Per Month Site On Flippa

Quote:
Originally Posted by GoGetta View Post
Yommy,

You can alter the description once the listing is LIVE!

You can't alter the title, thats all!


If you are logged in at Flippa, visit your page and then your listing. Now down the right hand side you will have some options. One of these options is to "Edit Your Listing".

Click on that and you can edit the description all you want. I did it just before on one of my listings!

HTH

GoGetta

You can only edit the description if there are no bids. Once there is a bid, you can no longer edit it.

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Old 11-05-2009, 12:02 PM   #59
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Default Re: Why Is No One Bidding On My $450 Per Month Site On Flippa

Just thought I'd add my own comment here, as I've bought up several sites before. You already got some great tips with spelling mistakes (which can put off some serious bidders), but here are my main issues if I were a potentially interested bidder:

1. Your site is unproven. Unless I misread, it looks like you've been making money for three months. So it's not really a steady $450 / month -- it's $450 for the last three months. Even though this isn't bad, someone can have a $100 day and not make a dime later -- doesn't mean that they'll get $100 / day forever.

This is especially true with sites that are based only on articles or search engine placement for short periods of time, as there's no proven record and often times the rankings can drop and the owner would be left with minimal to no sales.

2. Having said that, your asking price of nearly $4,000 is almost 4x what the site has ever made since it's been in existence.

3. You don't give a lot of details on what it sells or how the buyer can continue selling the same stuff (you say you can make up to $30 commissions -- what's the lowest, what's the average, etc.?).

4. You also don't seem to have a list or any assets like that, which might add value to your purchase since it might be deemed a higher risk purchase.

5. Overall, I'd just say that the price you're looking for is high considering the short lifespan so far of your site, the risk factor to the buyer, etc.. I bet if you lowered that to half of what you're looking for, you might get some more interest if you fix up the other parts, but you might even have a hard time with that.

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Old 11-06-2009, 02:45 AM   #60
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Default Re: Why Is No One Bidding On My $450 Per Month Site On Flippa

Quote:
1. Your site is unproven. Unless I misread, it looks like you've been making money for three months. So it's not really a steady $450 / month -- it's $450 for the last three months. Even though this isn't bad, someone can have a $100 day and not make a dime later -- doesn't mean that they'll get $100 / day forever.

This is especially true with sites that are based only on articles or search engine placement for short periods of time, as there's no proven record and often times the rankings can drop and the owner would be left with minimal to no sales.
You are right and wrong. Personally I think 3 months is enough time to prove that the site is already doing well and the fact that the site has done $155 in the last 5 days shows the potential of the site. Sincerely, I would not have listed this site for sale if not for the financial problems I have.

I live with my cousin, his wife, 5 kids, his mother and his 3 young brothers in a 3 room apartment which is not confident for me in anyway. Beside that, selling the site will help me to assit my parents in pay my younger ones school fee.

If the site does not sell then I will keep it for another month and let God do what he wants with me.


Quote:
2. Having said that, your asking price of nearly $4,000 is almost 4x what the site has ever made since it's been in existence.
I have done nothing on the site this month but I have made $155 in the first 5 days of the month. What this means is that the buyer will need to do little to no work and still contiue to make money. In fact, he or she should be able to recouple his or her money plus some profit back in less than 6 months.

Quote:
3. You don't give a lot of details on what it sells or how the buyer can continue selling the same stuff (you say you can make up to $30 commissions -- what's the lowest, what's the average, etc.?).
You are tight here unfortunately it is too late. Thanks, will take note next time.

Quote:
4. You also don't seem to have a list or any assets like that, which might add value to your purchase since it might be deemed a higher risk purchase.
Total of 231 articles published at EZA is no asset? I think warriors who are article marketers know best. The articles will continue to bring in traffic and sales and if the buyer ( if there will be a buyer ) decide to distribute the articles to the other article directories, then he or she should be able to be making $900 per month.

Quote:
5. Overall, I'd just say that the price you're looking for is high considering the short lifespan so far of your site, the risk factor to the buyer, etc.. I bet if you lowered that to half of what you're looking for, you might get some more interest if you fix up the other parts, but you might even have a hard time with that. - Brian
I will like to sell the site but sincerely not at any price lower than the reserve price which is $3900.

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Old 11-06-2009, 03:54 AM   #61
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Default Re: Why Is No One Bidding On My $450 Per Month Site On Flippa

Quote:
Originally Posted by sbucciarel View Post
You can only edit the description if there are no bids. Once there is a bid, you can no longer edit it.
I only realised that about an hour ago! LOL

I went to edit a listing of mine but it now has bids and obviously it was greyed out. I didn't know this, I do now!

Thanks

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Old 11-06-2009, 10:23 AM   #62
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Default Re: Why Is No One Bidding On My $450 Per Month Site On Flippa

Another 2 bids of $1,000 and $1,100 just came in. I am sincerely hoping this site will sell but if not, I will keep it for another month.

AMAZING OFFER - 40 UNIQUE PLR ARTICLES IN 4 DIFFERENT NICHES - for just $17

A Word for myself and many others who are about giving up --- “Most people give up just when they’re about to achieve success. They quit on the one yard line. They give up at the last minute of the game, one foot from a winning touchdown.”
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Old 11-06-2009, 02:10 PM   #63
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Default Re: Why Is No One Bidding On My $450 Per Month Site On Flippa

Hey Yommy,

I have no experience with flipping, but I've read that if you don't insist on a reserve price... that will encourage people to bid (at a low price of course), and that usually triggers a bidding war.

The risk is that you might end up selling it for the less than you intended. The benefit is that you have the social proof of people bidding on the site.

Hang tough... and if your reserve price is not met, try again and implement some of the good tips you've been given on this thread.

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Old 11-07-2009, 02:11 AM   #64
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Default Re: Why Is No One Bidding On My $450 Per Month Site On Flippa

Hey Yommy,

Best of Luck with your Sale.
You have got already enough tips for this.

I know how it feels in a difficult situation you are facing there...
otherwise in normal circumstances you would have maintained this site
for your own and enjoy the passive income for years to come...

Hope you get best ROI for your efforts. God help you!

Regards,
Mohsin

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Old 11-07-2009, 05:39 AM   #65
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Default Re: Why Is No One Bidding On My $450 Per Month Site On Flippa

Thanks to everyone, true to your predictions the bids are beginning to come in but I can not believe my hard luck. I have had no internet connection since 1 pm my time yesterday and could not accept the 4 bids that came in.

Though the bids have now been accepted but I believe more and higher bids would have come in had I accepted the bids on time. The good thing is that the site keeps good money meaning it will probably surpass the $450 average at the end of this month.

I want to sell the site but never at a price lower than $3900.

AMAZING OFFER - 40 UNIQUE PLR ARTICLES IN 4 DIFFERENT NICHES - for just $17

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Old 11-07-2009, 10:31 PM   #66
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Default Re: Why Is No One Bidding On My $450 Per Month Site On Flippa

Hey bro,

Just saw the listing again, CONGRATS!

You DID IT! Its SOLD at BIN of $3,900. On your way to success

Cheers,
Roshan

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Old 11-07-2009, 11:08 PM   #67
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Default Re: Why Is No One Bidding On My $450 Per Month Site On Flippa

Hey Yommy,

I've seen your rise to success step by step for over a year now.

The thing that I admire the most about you given the amount of adversity you've faced, you never gave up. This is what happens when you persevere.

You're proof anyone can do it. I'm inspired.

Congrats on selling your site for the BIN price.

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Old 11-07-2009, 11:10 PM   #68
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Default Re: Why Is No One Bidding On My $450 Per Month Site On Flippa

Congratulations - I'm so glad it ended well for you! You deserve it.

kay


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Old 11-08-2009, 12:15 AM   #69
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Default Re: Why Is No One Bidding On My $450 Per Month Site On Flippa

I am so happy now. I had the most peaceful sleep in recent time even though I did not know the site has been sold.

I gave up on selling it when the highest bid was $2700 but waking up this morning there was a BIN bid which is soooooooooo WONDERFULLLLL.

I don't know what to say but I will like to say a big THANK YOU to the warriors. When I started this site, you guys were there to guide me through. When I need to write articles ( with my not so goog English) it was you guys I relied on.

When I was frustrated about the site recieving no bids, it was you guys that God Used to give me assurance, hope and the needed strenght to go on. In fact it was one of you who I relied on to help me keep an eye on the auction and to help accept the bids when I could not get online to do it by myself as a result of the cyber cafes being closed for the night.

You guys ( Ok I don't want to be sterotype, you guys and gals ) have been my heros and heriones. It is almost 2 years now but I have no regret(s). The wait has been worth it. I have made over $3999 in the offline world before but nothing delights me as much as this.

If this is a dream, I hope I don't wake up from it.

@ Rosetrees, if you are reading this post, I want you to know you are a warrior indeed. You have been a wonderful addition to me ever since I met you here on the warrior forum. I know without God using you, I probably would not have sold that site. You not only gave me the money needed to list the site, you help customised and redesign the site and not only that you also stayed in front of the computer as late as 1 am your time accepting bids for me.

I really appreciate everything you have done and pray that God, the rewarder of man will surely reward you. Today is the best day I have ever had this year and I am sure that HE THAT WATERETH SHALL BE WATERED. As I am glad, so shall you be glad.

I need to stop now before tears that dropping.. Thanks to everyone.

AMAZING OFFER - 40 UNIQUE PLR ARTICLES IN 4 DIFFERENT NICHES - for just $17

A Word for myself and many others who are about giving up --- “Most people give up just when they’re about to achieve success. They quit on the one yard line. They give up at the last minute of the game, one foot from a winning touchdown.”
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Old 11-08-2009, 05:38 AM   #70
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Default Re: Why Is No One Bidding On My $450 Per Month Site On Flippa

Hi Yommys

I've been following this thread all week.

I'm really happy for you, I had no doubt that the website will sell for the BIN price.

I always knew that your commitment and dedication will get you far. You didn't quit, even when you had every reason to.

Your amazing progress and success should be a model for every struggling Warrior.

Congratulations!

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Old 11-08-2009, 05:42 AM   #71
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Default Re: Why Is No One Bidding On My $450 Per Month Site On Flippa

Perserverence and your faith payed off in the end my friend. Good job.


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Old 11-08-2009, 05:46 AM   #72
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Default Re: Why Is No One Bidding On My $450 Per Month Site On Flippa

Awesome Yommy,

I am happy for you!!

You obviously put a lot of work in and this shows what happens when you do!

Awesome!!!

GoGetta

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Old 11-08-2009, 01:11 PM   #73
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Default Re: Why Is No One Bidding On My $450 Per Month Site On Flippa

Yommy,

I was reading the thread and wanted to congratulate you on your success. I'm happy for you and can feel your joy and sense of accomplishment coming through the computer.

I second your comment on Rosetrees. She is truly a wonderful lady that has helped me tremendously on countless occasions. I thank God that I've found the WF because I'm meeting people that are very giving with their time to help me succeed with my business.

Again I'm happy for you because I know it's a wonderful feeling to be able to provide for your loved ones.
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Old 11-08-2009, 01:33 PM   #74
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Default Re: Why Is No One Bidding On My $450 Per Month Site On Flippa

@ Yommy & Bennette - I'm all embarrassed now, thank you both. I don't know what else to say.

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Old 11-08-2009, 03:43 PM   #75
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Default Re: Why Is No One Bidding On My $450 Per Month Site On Flippa

Interesting thread to follow,

I love this forum whenever anybody is having any
difficulties in his/her niche and ask warrior member
for help someone will surely get an answer to solve
the problem,
Yommy as come out to discourse the problem in his
niche that has made him success for selling his site
for that price... Keep it up.....
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